Richmonds Horse Transport Limited

Richmonds Horse Transport Ltd from Cobham UK: a small, active company founded 31 years ago, employs one person, and holds £1,334,432 in assets. It has a real address, two directors, and one owner. The company regularly imports and exports live animals, with 11 months of import activity and 19 months of export activity recorded.

The business operates in the freight transport by road, freight air transport, and other sports activities industries. It's a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The company’s website is currently unavailable, so it’s difficult to determine if it operates an e-commerce platform.

Financially, Richmonds Horse Transport Ltd shows some interesting trends. Current assets have decreased by 32% to £1,300,000, while net assets have increased by 29% to £680,000. Bank borrowings have increased by 7.5% to £250,000, and cash reserves have decreased by 19% to £600,000. Creditors have decreased by 33%, suggesting improved debt management. The company's single employee reported a 100% increase from the previous year. The company is exempt from an audit as a small company.

The increase in net assets, despite the drop in cash reserves, could be due to increased asset values or reduced liabilities. The rise in bank borrowings might indicate investment in the business, such as purchasing new equipment or expanding operations. The decrease in creditors suggests that the company is managing its short-term obligations effectively. Overall, Richmonds Horse Transport Ltd appears to be financially stable, but the decrease in cash reserves warrants further monitoring.

Registered in England/Wales under the registration number 02877907, with a registered address at KT11 3JX, England, Cobham, Surrey, New Marsh Farm, Horsley Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.